Tuesday, January 15, 2019

Cryptocurrencies Require Regulation Says Experts

Over $1.1bn was lost to crypto thefts in the first six months of 2018. Local cryptocurrency exchanged and players are demanding regulation for crypto-trading in...

Congressman Believes U.S Approach to Crypto isn’t Constructive

George Nethercutt, a former Republican congressman, has stated that the regulatory uncertainty about cryptocurrencies in the country has left little room for innovation in...

Bitmex Shuts Down US and Canadian Markets

Bitmex, a leading crypto trading platform, has announced that it’s shutting down accounts bellowing to its clients in the United States and Quebec, Canada. The...

US Govt Shutdown Hurting the Wall Street Crypto Industry

The ongoing shutdown on various United States government bodies including the Securities Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) is affecting the...

Russian Parliament to Discuss Draft Crypto Bill Soon

The head of Financial Markets Committee in the State Duma, Russia’s parliament, has disclosed that the body will discuss a draft bill on cryptocurrencies...

Bulgarian Tax Agency to Inspect Crypto Trading Platforms

The Bulgarian National Revenue Agency (NRA) has revealed that it will start inspecting crypto trading platforms to ensure that its citizens are conforming to...

Denmark to Collect Info from Crypto Exchanges for Tax Purposes

Denmark’s Tax Authority has been given the green light by the country’s Tax Council to collect information regarding cryptocurrencies from three digital asset trading...

Spanish Regulator Blacklists 23 Forex and Crypto Firms

National Securities Market Commission (CNMV), the Spanish financial regulator, has blacklisted 23 more crypto and forex trading firms. One of the notable platforms that was...

Malaysia to Regulate ICO’s and Cryptocurrency Trade

Malaysia will regulate initial coin offerings (ICOs) and trade of cryptocurrencies, the finance minister stated on Monday. The minister said an order to recognize digital...

Steve Tendon to Head Marshall Islands’ Native Cryptocurrency

The government of the Marshall Islands, headed by Hilda Heine, is immovable in its resolve to issue and official cryptocurrency to avoid an exclusive...

Canadian Law Firm Launching as First ‘Crypto Specialized Law Firm’

Canada is launching a first-of-its-kind all crypto law firm. The effort is headed by Addision Cameron-Huff in Toronto. With the goal of being the...

U.S. SEC Unlikely to Approve Bitcoin Exchange-Traded Funds

Although the regulatory status of bitcoin exchange-traded funds (ETFs) remains uncertain, the conversation on the matter has gained traction heading in to 2019. On one...

South Korea Offers Tax Relief to Blockchain Companies

The South Korean government has announced that it will offer tax relief to blockchain companies in the country so as to spur growth and...

Over 287 ICO projects filled Form D

Reports have shown that over 287 ICO projects filled Form D exemption with the Securities Exchange Commission (SEC) which is a form that discloses...

Bithumb Granted Korean ISMS Certification

Bithumb a South Korean cryptocurrency exchange obtained Information Security Management (ISMS) certification from the Korea Internet and Security Agency (KISA). ISMS is the most crucial...

U.S. Representative Soto: SEC Oversight Not Required

United States congressman Darren Soto stated that most cryptocurrencies should not be regulated under the Securities and Exchanges Commission (SEC), to news channel Cheddar. Instead...

Japan’s Financial Regulators Denies Interest in Bitcoin ETFs

Japan's Financial Services Agency (FSA) has denied that it is considering Bitcoin (BTC) exchange-traded funds (ETFs). On Monday, it was reported that the FSA is considering...

Ukraine’s Overregulation Stifles Crypto Growth

Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. Mikhail Vidyakin, the director of the strategy and reform department of...

European Banking Authority Demands for pan-EU Rules for Crypto

The European Banking Authority (EBA) is calling on the European Union (EU) commission to draft regulations to govern cryptocurrencies. EBA has undertaken a...

Thailand Issues 4 Digital Asset Licenses

Thailand has issued its first batch of digital asset licenses to four firms in the country. Thailand’s Finance Ministry went ahead to give the...

India’s Government Could Legalize Cryptocurrecy

HODLers in India can rest easy for the moment as holding cryptocurrencies could soon be legal.  Accoring to The New Indian Express, a government committee...

Africa Needs Open Currency Competition. It Needs Cryptocurrency

As digital currencies once again gain traction, a counter narrative has begun: central banks that previously did not accept cryptocurrency now want to launch...

Japan’s FSA May Regulate Unregistered Crypto Investment Firms

Japan’s financial regulator, Financial Services Authority (FSA), is reportedly considering coming up with regulation to govern unregistered crypto firms that solicited for investments in...

Geek Group President Admits Wrongdoing

The National Science Institute, formerly known as The Geek Group, has permanently closed just after 10 days after the FBI raided their Michigan offices...

eToro: Preference for Stablecoins as Alternatives in 2019

eToro has stated that tech companies that develop stablecoins, pegged to the U.S dollar, mark a significant step forward for institutional investment in cryptocurrencies. It...

Overstock’s tZERO Wins Patent

Security token trading platform tZERO, a portfolio company related to retail giant Overstock, has won a patent outling how it can merge legacy trading...

Asia Blockchain Association Secures SRO Status

The Cagayan Economic Zone Authority (CEZA) has appointed the Asia Blockchain and Crypto Association (ABACA) as a self-regulatory organization (SRO) under CEZA SRO Rules...

Gemini Says the Cryptocurrency Revolution Needs Rules

Gemini Trust Co., the cryptocurrency exchange founded in 2014 by the Winklevoss brothers have pushed a new ad campaign that champions regulations similar to...

India’s Academicians Rally For Cryptocurrencies

India's has shifted its viewpoints on cryptocurrencies almost daily, on January 2nd the government seemed to lean towards the idea. And then on January...

VC Fred Wilson Concerned About Regulators

Venture capitalist Fred Wilson observed the interest in many parties looking to regulate crypto markets. Wilson is mindful these looming regulations could cause a strain...

Irish Government Approves Bill To Curb Cryptocurrency Misuse

Ireland has officially agreed to a bill to address money laundering activities, the bill focuses on cryptocurrencies being misused for the financing of terrorism-related...

Overstock Online Tax Retailer and Ohio’s Partnership on Tax Regulation

Ohio in particular has been crypto-friendly, however, these new state level tax regulations put it at the forefront of Cryptocurrency adoption in the United...

Cryptocurrency Has No Place in India At Least for Now

After months of rumours, the Indian government has halted its plan to enter the cryptocurrency market. The government isn't providing a stance on the...

Market Regulators in the Philippines Postpone Issuance of Final ICO Regulations

The issuance of final rules on ICO's in the Philippines have been halted until mid-January by regulators. The Securities and Exchange Commission of Philippines had...

Hive Criticizes Norway Government’s Removal of Electricity Subsidies for Miners

Hive has strongly criticized the Norwegian Governments decision to revoke subsides on power consumption that energy-intensive industries benefit from. The legislative bill aimed to revoke...

Parliamentarian Issues Crypto Questionnaire to Indian Government

Varun Gandhi, the Indian Member of Parliament for BJP, has issued India’s government Ministry of Finance with a questionnaire relating to cryptocurrencies. The questionnaire is...

Japan Highly Hopeful about the Country’s Crypto Self-Regulation Capability

Japan’s Financial Services Authority (FSA) has high hopes that the country’s crypto self-regulation association will govern crypto activities in the country. The Japan Virtual Currency...

India to Tighten Crypto Regulations Instead of Outright Ban

Reports have emerged that India is allegedly considering tightening its ropes around cryptocurrencies rather than implement a total ban. According to a statement from...

Go Slow on ICO Projects Affecting Crypto Market Volumes

Unlike 2017 when there was a gold rush to invest in ICOs, there has been a drastic drop in the number of projects this...

Thailand’s Regulator Seeking to Relax ICO Regulations

Thailand’s Securities and Exchanges Commission (SEC) is conducting a public hearing to help ease its regulatory framework on how ICOs and Token Offerings are...

US Congress to Introduce Securities Bill that Brings Regulatory Clarity

Two congressmen will table a bill that seeks to exclude digital assets from being considered as securities. The bill will amend the Securities Exchange...

Templum Files Rulemaking Petition with SEC

Regulated token trader Templum has filed a rule-making petition with the Securities and Exchange Commission (SEC) as it seeks guidance on how digital assets...

Russian Parliament Postpones Digital Assets Bill

The lower house of the Russian parliament, the State Duma has postponed the second hearing of the digital assets bill, which was to regulate...

UK Tax Agency Releases Crypto-Guidance

The tax agency of the United Kingdom, Her Majesty’s Revenue and Customs (HMRC) has released its guideline as to how individuals may be taxed...

Breaking: Japan FSA Reportedly Approves Coincheck’s License

The Financial Services Agency (FSA), Japan’s monetary regulator, is said to have approved Coincheck’s operating licence. Coincheck was hacked this year and over $532...

Two Crypto Projects in Italy Suspended for 90 Days

Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has suspended two crypto investment projects for a period of 90 days. The...
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Constantinople on Halt – Major Vulnerability Discovered

Constantinople, Ethereum's long-awaited hard fork that was scheduled to go live on January 17 has to be delayed for an indefinite period of time. The...

Bittrex Exchange Adds VITE (VITE)

Bitsdaq is launching a digital asset trading platform this month, leveraging Bittrex’s  technology to provide customers a secure, advanced and reliable platform and extensive...

Dubious Electrum Wallet Found on GitHub

Cryptocurrencies benefits could have a negative connotations, it makes it a target for hackers and criminals in cyberspace looking to make some quick bucks. Fake...

Cryptopia Hack: Possibly $3.6 Million Stolen

Cryptopia has been dubbed the first exchange hack of 2019. And the site has been undergoing maintenance ever since. The hack was reported to...
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